Toshiba Considers Spinning Off Core Memory Business 
 

Toshiba says it may spin off its semiconductor unit to keep it competitive in the face of financial risks from its nuclear reactor business.

 
HPE to Acquire SimpliVity for $650 Million in Cash 
 

Hewlett Packard Enterprise Co. said it would acquire data-storage startup SimpliVity Corp. for $650 million in cash, a steep discount to the startup's most recent $1 billion valuation.

 
Federal Trade Commission Files Antitrust Lawsuit Against Qualcomm 
 

The Federal Trade Commission on Tuesday sued Qualcomm Inc., alleging the semiconductor company engaged in unlawful tactics to maintain a monopoly on a type of chip used in cellphones.

 
Deutsche Bank Completes $7.2 Billion Mortgage Security Settlement With U.S. 
 

Deutsche Bank completed a $7.2 billion deal to resolve U.S. claims that it misled investors on mortgage securities it sold before the 2008 financial crisis, authorities said.

 
U.S. Companies Paring Investment Plans in China, Survey Says 
 

More U.S. businesses are shelving investment plans in China, a new survey says, as companies find themselves caught between hardening trade stances in Washington and Beijing.

 
Allergan Admits to Disclosure Violations During Valeant Bid 
 

Allergan will pay $15 million in fines and admit to disclosure violations during a hostile takeover bid from Valeant Pharmaceuticals.

 
Thesys to Build System Tracking All Stock and Options Orders 
 

Thesys Technologies LLC won the award to operate one of the largest databases ever created, a forensic tool for detecting suspicious trading and investigating the causes of flash crashes in stock markets.

 
Goldman's Compliance Chief Moves On 
 

Alan Cohen, Goldman Sachs Group Inc.'s head of compliance and the longest-serving internal cop on Wall Street, is vacating his seat after 13 years.

 
United Continental Profit Down 52% 
 

United Continental Holdings Inc. said Tuesday that its fourth-quarter profit was $397 million, a 52% decline from year-ago net of $823 million in a period in which it hardly paid any taxes.

 
U.S. Bank CEO Richard Davis Stepping Down 
 

Richard Davis is stepping down from the chief executive's job at U.S. Bancorp after a decade in the role, the bank said Tuesday.

(END) Dow Jones Newswires

January 17, 2017 21:15 ET (02:15 GMT)